Natera, Inc. (NTRA) Factsheet
Natera, Inc. (NTRA) Stock Analysis
Analysis from 10-Q filed 2025-11-07. Data as of Q4 2025.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC -17.3%. FCF margin 4.7%. D/E 0.0x. Source: 10-Q filed 2025-11-07.
| Metric | Value | Context |
|---|---|---|
| ROIC | -17.3% | Below expectations |
| FCF Margin | 4.7% | Cash flow pressure |
| Debt/Equity | 0.0x | Conservative leverage |
ROIC -17.3% — Bottom 50% of sector peers. FCF margin 4.7% — Top 50%.
Explore Natera, Inc.: Earnings History | Filings | ROIC Analysis
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for NTRA: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.
Profitability: Natera, Inc. earns -17.3% ROIC, Bottom 50% in Healthcare
ROIC TTM -17.3%, sector median -2.5%, Bottom 50%. DuPont: NOPAT margin -10.4% × asset turnover 1.3x. Gross margin 64.7%. Operating margin -13.4%. Source: 10-Q filed 2025-11-07.
| Metric | NTRA | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -17.3% | Red flag | Below sector median of -2.5% |
| Return on Equity (ROE) | -16.0% | Red flag | Moderate equity returns |
| Gross Margin | 64.7% | Excellent | Strong pricing power |
| Operating Margin | -13.4% | Warning | Moderate operational efficiency |
Cash Flow: Natera, Inc. generates $109.1M FCF at 4.7% margin, positive NaN/8 quarters
FCF TTM $109.1M. FCF margin 4.7%, Top 50%. OCF/Net income -1.0x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-11-07.
| Metric | NTRA | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | 4.7% | Warning | Thin cash margins |
| Free Cash Flow (TTM) | $109.1M | Good | Positive cash generation |
| OCF/Net Income | -1.0x | Warning | Potential accrual concerns |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: Natera, Inc. at 0.0x leverage
Debt/Equity 0.0x. Net cash $1.0B. Source: 10-Q filed 2025-11-07.
| Metric | NTRA | Rating | Context |
|---|---|---|---|
| Debt to Equity | 0.0x | Excellent | Conservative capital structure |
| Net Cash Position | $1.0B | Excellent | Net cash positive |
Valuation: Natera, Inc. trades at -150.7x earnings
P/E -150.7x. EV/Sales 13.2x. FCF yield 0.3%. Source: 10-Q filed 2025-11-07.
| Metric | NTRA | Rating | Context |
|---|---|---|---|
| P/E Ratio | -150.7x | Red flag | Reasonable valuation |
| EV/Sales | 13.2x | Warning | Growth premium priced in |
| FCF Yield | 0.3% | Warning | Lower cash yield |
Capital Allocation: Natera, Inc. returns 0.0% shareholder yield
Total shareholder yield 0.0%. Capital returned $0 TTM. Source: 10-Q filed 2025-11-07.
| Metric | NTRA | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 0.0% | Warning | Dividend + buyback yield combined |
| Total Capital Returned (TTM) | $0 | Adequate | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -17.3% | Bottom 50% | - |
| Free Cash Flow Margin | 4.7% | Top 50% | - |
| Gross Margin | 64.7% | Top 50% | 1.0x at |
| Operating Margin | -13.4% | Bottom 50% | -5.8x below |
| Return on Equity (ROE) | -16.0% | Top 50% | - |
Financial Scorecard
| Metric | NTRA | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -17.3% | Red flag | Bottom 50% of sector (median: -2.5%) |
| Free Cash Flow Margin | 4.7% | Warning | Top 50% of sector (median: 0.0%) |
| Gross Margin | 64.7% | Excellent | Top 50% of sector (median: 64.7%) |
| Debt to Equity Ratio | 4.7% | Excellent | Conservative capital structure |
| Free Cash Flow Yield | 0.3% | Red flag | Growth-focused valuation |
Frequently Asked Questions
Q: What is Natera, Inc.'s Return on Invested Capital (ROIC)?
Natera, Inc. (NTRA) has a trailing twelve-month Return on Invested Capital (ROIC) of -17.3%. Sector median -2.5%. Source: 10-Q filed 2025-11-07.
Q: What is Natera, Inc.'s Free Cash Flow Margin?
Natera, Inc. (NTRA) has a free cash flow margin of 4.7%, generating $109.1 million in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-11-07.
Q: What is Natera, Inc.'s P/E ratio and how does it compare to peers?
Natera, Inc. (NTRA) trades at a P/E ratio of -150.7x, which is above the sector median of N/A. EV/Sales 13.2x. FCF yield 0.3%. Source: 10-Q filed 2025-11-07.
Q: What is Natera, Inc.'s revenue and earnings growth?
Natera, Inc. (NTRA) grew revenue by 35.9% year-over-year. EPS +0.7% YoY. Source: 10-Q filed 2025-11-07.
Q: How does Natera, Inc. compare to competitors in Healthcare?
Compared to other companies in Healthcare, Natera, Inc. (NTRA) shows: ROIC -17.3%, sector median -2.5% (Bottom 50%). FCF margin 4.7%, sector median 0.0% (Top 50%). Gross margin 64.7%, 0.0pp below sector median. These rankings are based on MetricDuck's analysis of all Healthcare companies with available SEC filings.
Q: What warning signs should I watch for with Natera, Inc.?
Quantitative warning flags for Natera, Inc. (NTRA): 1) FCF margin 4.7% (below 5%). Source: 10-Q filed 2025-11-07.
Data Source: Data sourced from 10-Q filed 2025-11-07. TTM metrics as of Q4 2025.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.